Assurant 2010 Annual Report Download - page 29

Download and view the complete annual report

Please find page 29 of the 2010 Assurant annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 138

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138

23ASSURANT, INC.2010 Form 10K
PART I
ITEM 3 Legal Proceedings
ITEM 1B Unresolved Staff Comments
None.
ITEM 2 Properties
We own eight properties, including fi ve buildings whose locations serve
as headquarters for our operating segments, two buildings that serve as
operation centers for Assurant Solutions and Assurant Specialty Property
and one building that serves as a claims training center for Assurant
Specialty Property. Assurant Solutions and Assurant Specialty Property
share headquarters buildings located in Miami, Florida and Atlanta,
Georgia. Assurant Specialty Property has operations centers located in
Florence, South Carolina and Springfi eld, Ohio. Assurant Solutions’
preneed business also has a headquarters building in Rapid City,
South Dakota. Assurant Employee Benefi ts has a headquarters building
in Kansas City, Missouri. Assurant Health has a headquarters building
in Milwaukee, Wisconsin. We lease offi ce space for various offi ces
and service centers located throughout the U.S. and internationally,
including our New York, New York corporate offi ce and our data
center in Woodbury, Minnesota. Our leases have terms ranging from
month-to-month to twenty-fi ve years. We believe that our owned and
leased properties are adequate for our current business operations.
ITEM 3 Legal Proceedings
e Company is involved in litigation in the ordinary course of
business, both as a defendant and as a plaintiff . See Note 26 to the
Consolidated Financial Statements for a description of certain matters.
e Company may from time to time be subject to a variety of legal and
regulatory actions relating to our current and past business operations.
While the Company cannot predict the outcome of any pending or
future litigation, examination or investigation, we do not believe that
the outcome of pending matters will have a material adverse eff ect
individually or in the aggregate, on the Company’s fi nancial position,
results of operations, or cash fl ows.